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Jd/Mba Program 3-YEAR JD/MBA PROGRAM Seminar discussion in Tanenbaum Hall. Law and business are more interconnected than ever. As we move forward, lawyers will need to understand corporate finance, management, marketing, or real estate to better serve their clients. At the same time, more and more corporations have turned to lawyers to serve as CEOs or in other business roles, especially when the firms operate in highly regulated markets. The University of Pennsylvania Law School and The Wharton School have developed an accelerated, intensive 3-year JD/MBA program to address the needs of students interested in business & law. This integrated, accelerated degree prepares students for careers in corporate law, public governance, investment banking, private equity, entrepreneurship, hedge funds, and much more. Students earn JD & MBA degrees in three years rather than the five years it would typically take to earn each degree separately – or the four years in the more traditional JD/MBA program that both Wharton and Penn Law continue to offer. Now is the time. Penn is the place. “Success in business requires thorough knowledge “The JD/MBA is two degrees, but at Penn it is treated of legal and regulatory environments. This three- as a single course of closely integrated study. I year program and its demanding curriculum will be am proud to see Penn Law and the Wharton School irresistible to top students, who also will have access continue their leadership role in uniting the study of to the exceptional networking and career opportunities business and law.” that both Penn Law and Wharton provide.” — David Hauser Cameron L‘08, MBA‘08 — Thomas S. Robertson Associate, Linklaters LLP Dean and Reliance Professor of Management and Private Enterprise, Wharton “Some graduates will want to pursue corporate law and “Increasingly, lawyers are CEOs of major corporations, corporate finance and others are likely to go in different leading figures in private equity, investment bankers directions. All of them will be able to navigate and lead and so on. To prepare tomorrow’s lawyers in ways that in the worlds of business and law, because this is the will enable them to move effortlessly into business and best way to prepare tomorrow’s business lawyers.” finance, it is clear that a variety of Wharton courses — Edward Rock L’83 will serve as an invaluable supplement to the more Saul A. Fox Distinguished Professor of Business Law traditional law courses.” — Paul Levy L’72 Managing Director JLL ADMISSIONS: INFORMATION & DEADLINES Reflecting the integration of the 3-Year JD/MBA Program between Penn Law and Wharton, applicants need only fill out one application for admission to the program and should follow the application deadline instructions on Wharton’s Admissions home page for the integrated JD/MBA. Important note: applicants to the JD/MBA program must apply for Wharton’s Round 1 or Round 2 deadline and will not be considered in Round 3. Students must take the LSAT for the Law School portion of their application and either the GMAT or GRE for the Wharton portion. APPLICATION DEADLINES 2013-2014 Application Deadline Decision Release Date Round 1 October 1, 2014 December 16, 2014 Round 2 January 5, 2015 March 24, 2015 All deadlines are 5:00 p.m. Eastern Standard Time (EST). Applicants to the program will receive their response from both Penn Law and Wharton according to Wharton’s decision release date schedule. Applicants must be admitted by both schools in order to enroll in the three-year program. Given the unique, integrated nature of the program’s curriculum, students admitted to this program are encouraged to apply prior to matriculation in the Law School, and are bound to attend the three-year program if admitted by both schools. Since the first year of the three-year JD/MBA starts in Law School, law students also have the option of applying during their 1L year, following the Wharton deadlines. JD/MBA Interview JD/MBA interviews are granted by invitation only, based upon a full review of your application. All accepted JD/MBA students are required to have a JD/MBA Program interview as well as a Wharton interview. Applicants selected to interview will receive communication with details on how to arrange both their JD/MBA and Wharton interview. THE ACADEMIC PROGRAM Business and Law at Penn: • Penn Law’s interdisciplinary scholarship is particularly strong in business. • Wharton is the world’s leader in business, especially in finance, accounting, real estate, and healthcare. • Eight Law School faculty hold economics PhDs and two have MBAs. • Wharton is the world’s largest business school with more than 200 standing faculty in 11 departments, including finance, management, statistics and operations. Requirements: All JD/MBA students must fulfill all the requirements of each respective school, as well as a JD/MBA capstone course during the 3rd year of the program. Penn Law: • First year curriculum. • A professional responsibility course. • Students in the joint program must meet Penn Law’s mandate of performing 70 hours of supervised legal work in a pro-bono setting through Penn Law’s Toll Public Interest Center. • A writing requirement which may be satisfied through the capstone experience that will integrate your experience in the first two years of study at the University of Pennsylvania. • 86 total credit hours of which 63 credit hours are law courses. Wharton: • Mandatory Wharton Pre-Term. • First year core courses (certain courses may be waived by experience or exam and need to be replaced with electives). • A major. • Minimum of 15 course units(cu’s); maximum of 16.5; 5 cu’s requirement for a major. ACADEMICS & COURSEWORK: THREE-YEAR OVERVIEW First Year First Year Summer Second Year Second Year Summer Third Year Law School 4 Wharton/Law courses Wharton: Core courses Internship in either Capstone; (exclusive to the three- Law: Corporations; Law or Business Wharton: 4-5 courses year program) Mergers & Acquisitions Law: 4-5 courses STUDENT LIFE The program offers numerous opportunities outside the classroom for Penn Law and Wharton students to engage in formal and informal activities: • JD/MBA students can actively participate in over 200 activities and clubs at Penn Law and Wharton, covering the gamut from social and sports clubs to more academic and scholarly activities. Examples of the latter at the Law School include the Journal of Business Law, and the Penn Program on Regulation. At Wharton, such activities include clubs such as the Wharton JD/MBA Student Association, the Restructuring Club, and the Consulting Club, just to name a few. • Cohorts are an essential element to both programs. Joint degree students are placed in small cohorts and learning teams alongside their Penn Law and Wharton classmates, as well as in a JD/MBA cohort, where they can share experiences and ideas with their fellow JD/MBA classmates. • Monthly lunches with JD/MBA alumni held throughout the academic year make connecting with alumni easy. Both Wharton and Penn Law encourage JD/MBA students to actively participate in events hosted by the Institute of Law and Economics, a joint research center of the Law School, Wharton, and the Department of Economics at the University of Pennsylvania. Students confer in Golkin Hall. RECENT STUDENT PROFILES Penn’s JD/MBA students have diverse backgrounds and experiences. Pamela Gelford L’12, WG’12, A Strategy Analyst Pam grew up in New York City and then attended Yale, graduating with a BS in Physics. While an undergraduate, she was a production and design editor for the school paper; coordinator and volunteer for a group that provided tutoring in elementary schools for inner-city, under-served schools; and president and manager for the school’s equestrian team. During her time as an undergraduate physics major, she worked as an astrophysics research assistant at the Hayden Planetarium in New York City, co-authoring a paper that was published in the Astronomical Journal. She also worked as a materials science research assistant, developing MRAM devices using the theory of the Planar-Hall Effect. Upon graduation from Yale, she served for a short period of time as a Teach for America corps member, before joining Thomson Reuters as a strategy analyst in the markets division. For approximately the past two years, she worked with the strategy team on CEO-level initiatives including integration activities for the merger, a product portfolio analysis and annual strategy review. Upon graduation, Pam joined Millstein & Co. in Washington, DC, a turnaround advisory firm. Josh Abramson L’12, WG’12, A Trader Who Wants to Work with his Family Coming from Manhattan, Josh attended Weslyan, where he majored in psychology, took numerous economics courses, and studied blues guitar. After college he worked two years at Lehman Brothers, spending his days discussing economic data, analyzing market trends, and executing interest rate and mortgage trades with clients. After his firm’s bankruptcy, he worked at Barclays Capital in New York in the same industry before enrolling in the Penn three-year JD/MBA program. Josh accepted a position at Blackstone upon graduation. His long-term goal is to work with his brother (a Wharton graduate and employee at a firm that works with public and private debt) and his father (who owns and manages commercial real estate) in growing his family’s business. Prof. Tom Baker teaches a class in insurance regulation. RECENT STUDENT PROFILES Penn’s JD/MBA students have diverse backgrounds and experiences. Matthew Bailey L’12, WG’12, A Lieutenant in the U.S. Navy/Future JAG Officer Matthew was awarded a NROTC scholarship to Arizona State and after graduation took a voluntary six-month leave of absence to serve as a policy intern for his state senate and then as an associate policy analyst for a DC-based advocacy group, the National Taxpayer’s Union Foundation.
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